Resources for Club Retirees or Those About to Retire

Your essential guide to insurance
BY NOELLE KAUFFMAN, DIRECTOR OF SALES

(CA License No: 0H45598)

‘Often when you think you’re at the end of something, you’re at the
beginning of something else.’ –Fred Rogers

Long-Term Care Insurance Is Asset Protection.
Find Out Why Long-Term Care Is Vital!

Hello Retirees!

Congratulations on your years of service with the City and the completion of a beautiful career. However, this is not the end, it is the beginning of something new … which means you must plan for this new season of life!

First step: If you have not contacted the Club yet to complete a form to have your Club Membership and/or insurance deducted from your pension, please do so ASAP! Even if you are not newly Retired, please call (800) 464-0452 or email help@employeesclub.com and let us know that you are a Retiree and need to complete a pension form. Never worry about a bill or late payment: Pension deduction is the most convenient and easiest to handle of the deductions offered to Club Members.

Second step: Protect your hard-earned savings and assets and protect your family.

• Long-Term Care and Life Insurance are must-have insurances as a Retiree.
• Long-Term Care is asset protection, and Retiree Life Insurance provides financial help in the form of a death benefit or supplement for loss of income.

Do not be a burden to yourself or your family. Find out how below!

Long Term Care Insurance protects your assets and income from the costs of care.

 

According to a medically reviewed article from 2022, approximately 70 percent of seniors will need some type of long-term care.

Long-Term Care Insurance is Asset Protection

What is long-term care (LTC) insurance?
Long-term care insurance is designed to pay benefits for some of the expenses you may incur if you need supervision or assistance with basic activities of daily living (ADLs), including bathing, eating, continence, dressing, toileting, ambulating and transferring.

You may need this kind of help following an accident or illness such as a stroke — because of older age and frailty, or because you need supervision due to a cognitive disorder like Alzheimer’s disease.

Here’s why you need Long Term Care Insurance from
the Club:

• Your premiums are conveniently deducted through your pension
• Affordable Club Member-only group rates
• Group rates are locked in at the age you apply
• Coverage is available to you, your spouse/domestic partner, parents and grandparents
• Available payout benefits range from $1,000 to $5,000 per month
• Your plan pays a monthly benefit directly to you, as opposed to most other programs that pay out on a reimbursement schedule
• Choose from four plans: 1) long-term care facility; 2) professional home care; 3) total home care, and 4) simple inflation protection.
• Available terms: four-year nursing facility/eight years in home. Also available: 10 year nursing facility/20 year in home* (Home care benefit pays out at 50 percent)

Retirees Peace of Mind: Life Insurance Tailored Just for You!

Why would a Retiree need life insurance? Does anyone rely on your income as a Retiree?

• A life insurance payout can help pay for things such as your final expenses, outstanding debt, or the loss of any income you were still providing to your loved ones.
• Life insurance can also be used to replace all or a part of your spouse’s pension benefits.
• Have peace of mind knowing that your loved ones will be taken care of in the event of your passing.
• Coverage is available for Members, spouses, and dependent children.
• Benefits range from $10,000 to $50,000.
• Accidental Death and Dismemberment (AD&D) Insurance is also available – no health questions or medical exams. Benefits range from $10,000 t0 $150,000.

Speak to a Retiree Specialist today for guidance on Long-Term Care and Life Insurance and prepare for the beginning of your best retirement!

Do not wait. While you may be healthy today, a change in your health may decrease your chances of getting approved.

Club Life Insurance Designed for Retirees

Spring cleaning also means evaluating the coverages you have on yourself and your spouse to ensure peace of mind and protection.

Let’s Discuss Retiree Life Insurance
A life insurance benefit can help pay for things including final expenses, outstanding debt and loss of income.

Life insurance can also be used to replace all or a part of your spouse’s pension benefits.

Have peace of mind knowing that your loved ones will be taken care of in the event of your passing.

The Club provides Group Rated Term Life Insurance for its Members, convenient payroll deduction, and an in-house claims department that works directly with your loved ones to make sure the claims process is as seamless as possible.

Did you know that, as a Retiree, you are entitled to other Club benefits including Long-Term

Care Insurance, Funeral Pre-Planning, and the popular MetLife Legal Plan?
Contact the Club today to speak with our Retiree Specialist for guidance on life insurance and other Retiree benefits.

Resources for Club Retirees or Those About to Retire

LACEA Insurance Services, Inc. (Employees Club of California) is a licensed insurance agency offering insurance benefits to qualified Club members. The Club’s CA DOI Lic. is #0B98000.

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